VisMin developer Cebu Landmasters Inc. (CLI) has opened the P2 billion Citadines Bacolod City, its first hotel outside Cebu City and the largest international hotel in Negros. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is expanding its footprint in the Visayas and...
VisMin developer Cebu Landmasters Inc. is expanding its high-end residential business while biding its time for its planned public offering of shares of its real estate investment trust (REIT) for hotels and commercial properties. CLI Chairman and CEO Jose Soberano III During the firm’s annual...
VisMin developer Cebu Landmasters Inc. (CLI) reported a 15 percent growth in its first quarter 2024 net income to P978 million from P847 million in the same period of 2023. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenue rose 31 percent to P6.26 billion in...
VisMin developer Cebu Landmasters Inc. (CLI) has raised P4.28 billion from its follow-on offering of preferred shares including the exercise of the oversubscription option to meet demand. The company formally listed its Series A-1 and Series A-2 Preferred shares on April 12, 2024, after a listing...
VisMin developer Cebu Landmasters Inc. (CLI) is planning to raise up to P5 billion from the proposed issuance of Series “A” preferred shares that will be listed at the Philippine Stock Exchange (PSE). The firm disclosed to the PSE that it has filed with the Securities and Exchange...
VisMin property developer Cebu Landmasters Inc. (CLI) has further expanded its hospitality portfolio with the opening of lyf Cebu City, its third operational hotel. In a disclosure to the Philippine Stock Exchange (PSE), the firm said lyf Cebu City is designed to serve young travelers looking to...
Leading VisMin developer Cebu Landmasters Inc. (CLI) of the Soberano family posted a 28 percent growth in consolidated net income for the first nine months of the year to P3 billion from the P2.4 billion recorded in the same period last year. In a media and analysts briefing, CLI said its...
Cebu Landmasters Inc. (CLI), founded in 2003, celebrates two decades of excellence in real estate development. As CLI marks this significant milestone, the leading property developer in VisMin also looks ahead to a promising future, including an anticipated expansion into Luzon. CLI’s 20th year...
VisMin developer Cebu Landmasters Inc. (CLI) has entered into a joint venture agreement with NTT UD Asia Pte. Ltd. (NTTUDA) of Singapore to develop premium-grade residential towers in the heart of Cebu City. In a disclosure to the Philippine Stock Exchange (PSE), CLI said both companies are...
Leading VisMin developer Cebu Landmasters Inc. (CLI) of the Soberano family recorded a robust 32 percent growth in consolidated net income to P2.1 billion in the first half of 2023 from P1.6 billion in the same period last year. During its quarterly briefing, the firm said its attributable net net...
Developer Cebu Landmasters Inc. (CLI) is set to launch 17 residential projects this year in pursuit of its continued expansion into new areas in Visayas and Mindanao. On the back of strong sales in 2022, CLI Executive Vice President and COO Jose Franco Soberano said “We foresee an even more...
41-year-old finance chief is first awardee from a non-conglomerate organization Grant Cheng, CFA, Chief Finance Officer, Cebu Landmasters, Inc. is 2022 ING-FINEX CFO of the year Cebu Landmasters Inc. (CLI) Chief Finance Officer Grant Cheng believes no one should feel at liberty to waste company...